ICFAI Business School (IBS), Hyderabad, Hyderabad - Fee Structure & Course Fees 2025

Understanding the fee structure is essential for prospective students planning to pursue an MBA at ISB Hyderabad. This comprehensive guide provides detailed information on the various components of the fees, ensuring clarity and transparency for applicants.

Tuition Fees

• MBA Program: The tuition fee for the MBA program at ISB Hyderabad is approximately INR 24.72 lakh for the 2024-2025 academic year.
• Duration: The program spans over one year, encompassing all academic and extracurricular activities.

Admission Fees

• MBA Weekend Course: There is an admission fee of INR 75,000 specific to the MBA Weekend course.
• General Admission: Other admission-related fees may apply depending on the specific program and applicant profile.

Accommodation Fees

Accommodation costs vary based on the type of housing selected:

• Shared Accommodation: INR 2,89,000 per academic year.
• Studio Accommodation: INR 5,16,000 per academic year.
• Hostel Facilities: High-quality hostel facilities are provided, ensuring a comfortable living environment.

Alumni Association Membership

• Membership Fee: INR 25,000 for joining the ISB Alumni Association.
• Benefits: Access to exclusive networking events, career services, and continued education opportunities.

Security Deposit

• Amount: INR 20,000 (refundable).
• Purpose: Serves as a security measure for accommodation and other facilities.

Other Fees

Additional expenses may include:

• Library Fees: Access to extensive academic resources.
• Recreation Fees: Charges for sports and other extracurricular activities.
• Miscellaneous Fees: Vary based on individual usage and specific requirements.

Total Cost Summary

Payment Schedule

• Initial Payment: A significant portion of the tuition and admission fees are required at the time of enrollment.
• Subsequent Payments: Remaining fees are typically distributed in installments throughout the academic year.
• Refund Policies: Refunds are subject to the institute's policies and timelines.

Financial Assistance and Scholarships

ISB Hyderabad offers various financial aid options to support students:

• Merit-Based Scholarships: Awarded based on academic excellence and professional achievements.
• Need-Based Grants: Assistance for students demonstrating financial need.
• Employer Sponsorships: Opportunities for sponsorship through participating employers.

Additional Expenses

Prospective students should also consider:

• Transportation: Costs related to commuting or relocation.
• Personal Expenses: Daily living costs, books, and supplies.
• Health Insurance: Coverage for medical expenses during the course.

FAQs on ISB Hyderabad Fees

Q: What are the tuition fees for the MBA program at ISB Hyderabad?

A: The tuition fees for the MBA program at ISB Hyderabad are approximately INR 24.72 lakh for the 2024-2025 academic year. However, the total cost of the program can vary depending on accommodation choices and additional fees.

Q: What are the components of the total cost for the MBA program at ISB Hyderabad?

A: The total cost includes:

• Tuition Fee: INR 24,72,000
• Admission Fee: INR 75,000
• Accommodation Fees:
• Shared Accommodation: INR 2,89,000
• Studio Accommodation: INR 5,16,000
• ISB Alumni Association Membership: INR 25,000
• Security Deposit (Refundable): INR 20,000
• Other Fees (Library, Recreation, etc.): Varies

The total cost can range based on the chosen accommodation and personal expenses.

Q: Are there any scholarships available for the MBA program at ISB Hyderabad?

A: Yes, ISB Hyderabad offers various scholarships, including merit-based and need-based options. Additionally, employer sponsorships may be available for eligible candidates.

Q: What is included in the accommodation fees at ISB Hyderabad?

A: The accommodation fees cover housing costs based on the type of accommodation selected. Shared accommodations are priced at INR 2,89,000 per year, while studio accommodations cost INR 5,16,000 per year. These fees typically include utilities and basic amenities.

Q: Is the security deposit refundable?

A: Yes, the security deposit of INR 20,000 is refundable, subject to the terms and conditions set by ISB Hyderabad.

Q: What additional expenses should students budget for besides the tuition and accommodation fees?

A: Students should budget for transportation, personal expenses, health insurance, books, and other miscellaneous fees such as library and recreation charges.

Q: How can students apply for financial assistance at ISB Hyderabad?

A: Students can apply for financial assistance by submitting the required documentation during the admission process. It's advisable to check the official ISB Hyderabad website or contact the admissions office for detailed information on available financial aid options.

Q: What payment methods are accepted for paying the fees at ISB Hyderabad?

A: ISB Hyderabad typically accepts various payment methods, including bank transfers, credit/debit cards, and online payment portals. Specific details can be obtained from the admissions office.

Q: Are there installment plans available for paying the fees?

A: Yes, ISB Hyderabad offers installment plans to help manage the financial burden. Students can discuss the available options with the financial services department during enrollment.

By understanding the fee structure and available financial options, prospective students can make informed decisions about pursuing their MBA at ISB Hyderabad.